*Based on the following information, answer the following three questions: unit selling price 15 dinars, unit variable cost 5 dinars, fixed costs 1000 dinars, number of units produced 600. Answer the following four questions (2,3,4,5): 2- Break-even point in dinars: a. 100 b. 6000 c. 1500 d. 2000 3- Break-even point (in units): a.100 units b. 2000 units c. 375 units d. None of the above. 4- To achieve a profit of 500 dinars, the number of units needed to be produced is: A.400 units B.700 units C. 150 units d. None of the above.

*Based on the following information, answer the following three questions: unit selling price 15 dinars, unit variable cost 5 dinars, fixed costs 1000 dinars, number of units produced 600. Answer the following four questions (2,3,4,5): 2- Break-even point in dinars: a. 100 b. 6000 c. 1500 d. 2000 3- Break-even point (in units): a.100 units b. 2000 units c. 375 units d. None of the above. 4- To achieve a profit of 500 dinars, the number of units needed to be produced is: A.400 units B.700 units C. 150 units d. None of the above.

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Description: I need the answer as soon as possible *Based on the followinginformation, answer thefollowing three questions: unitselling price 15 dinars, unitvariable cost 5 dinars, fixedcosts 1000 dinars, number ofunits produced 600. Answerthe following four ques

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...

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Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is 6. Total fixed cost is 10,000. Required: 1. Prepare a CVP graph with Units Sold as the horizontal axis and Dollars as the vertical axis. Label the break-even point on the horizontal axis. 2. Prepare CVP graphs for each of the following independent scenarios: (a) Fixed cost increases by 5,000, (b) Unit variable cost increases to 7, (c) Unit selling price increases to 12, and (d) Fixed cost increases by 5,000 and unit variable cost is 7.
Klamath Company produces a single product. The projected income statement for the coming year is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. 2. Suppose 10,000 units are sold above break-even. What is the operating income? 3. Compute the contribution margin ratio. Use the contribution margin ratio to compute the break-even point in sales revenue. (Note: Round the contribution margin ratio to four decimal places, and round the sales revenue to the nearest dollar.) Suppose that revenues are 200,000 more than expected for the coming year. What would the total operating income be?
A company with P280,000 of fixed costs has the following data: Product A Product B Sales price per unit P5 P6 Variable costs per unit P3 P5 Assume three units of A are sold for each unit of B sold. How much will sales be in pesos of product B at the breakeven point?
Tops Company sells Products D and E and has made the following estimates for the coming year: Product Unit Selling Price Unit Variable Cost Sale Mix D $30 $24 60% E 70 56 40 Fixed costs are estimated at $202,400. a. Determine the estimated sales in units of the overall product necessary to reach the break-even point for the coming year. Round intermediate calculations to the nearest cent.fill in the blank 1 units b. Determine the estimated number of units of each product necessary to be sold to reach the break-even point for the coming year. Product D fill in the blank 2 units Product E fill in the blank 3 units c. Determine the estimated sales in units of the overall product necessary to realize an operating income of $119,600 for the coming year.fill in the blank 4 units
Exxarro Llimited is considering pricing and costing for the year ahead. The following data based on expected production and sales of 15 000 units are provided for analysis:Variable manufacturing costR1 185 000Fixed manufacturing costR510 000Sales commissionR5 per unit soldFixed administration costR130 000SalesR210 per unit Study the information provided above and answer the following questions independently:4.1 Calculate the break-even sales value. 4.2 Calculate the sales volume required to achieve a profit of R 800 000. 4.3 Suppose Exxaro Limited is considering a decrease of 10% per unit in the selling price of the product with the expectation that it would increase sales volume by 10%. Is this a good idea? Motivate your answer with relevant calculations.
Silver River Company sells Products S and T and has made the following estimates for the coming year: Product Unit Selling Price Unit Variable Cost Unit Contribution Margin S $30 $24 60% T 70 56 40 Note: "E" represents composite unit. Fixed costs are estimated at $202,400. For the purposes of break-even analysis, determine the following: a. Break-even sales (units) for E. Round interim calculations to two decimal places.___________ units b. Break-even sales (units) of S and T. S __________ units T ___________ units c. Sales units of E necessary to realize an operating income of $119,600 for the coming year._________ units
Compute for what is being asked1. Unit selling price P800 unit variable cost P350 annual sales volume, 620 units, fixed costs and expenses P200,000 per year. Compute the following.a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salee. Operating income (BIT)using the break even salef. Operating income (EBIT) using the annual sales volume
Consider the following information: Contribution to Sales (C/S) Ratio = 25% Selling Price per unit = K70 Total Fixed Costs = K140,000 Required: Calculate Contribution per Unit Variable cost per Unit Break Even Point in Quantity and Sales value terms
Management believes it can sell a new product for $9.00. The fixed costs of production are estimated to be $7,000, and the variable costs are $3.40 a unit. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quantity and variable costs, and quantity and total costs. Round your answers to the nearest dollar. Enter zero if necessary. Use a minus sign to enter losses, if any. Quantity Total Revenue Variable Costs Fixed Costs Total Costs Profits (Losses) 0 $ $ $ $ $ 500 $ $ $ $ $ 1,000 $ $ $ $ $ 1,500 $ $ $ $ $ 2,000 $ $ $ $ $ 2,500 $ $ $ $ $ 3,000 $ $ $ $ $ Determine the break-even level using the above table and use the Exhibit 19.5 to confirm the break-even level of output. Round your answers for the break-even level to the nearest whole number. Round your answers for the fixed costs, variable costs, total costs,…
The selling price per unit of a product is OMR 5, the total cost is OMR 500 of which the fixed costis OMR 200, and the company produced 100 units What is the contribution per unit? a OMR 5 per unit b None of these COMR 2 per unit G. OMR 3 per unit
Reid Company is considering the production of a new product. The expected variable cost is $24 per unit. Annual fixed costs are expected to be $892,500. The anticipated sales price is $75 each. Required Determine the break-even point in units and dollars using each of the following: Use the equation method. Use the contribution margin per unit approach. Use the contribution margin ratio approach. (Do not round intermediate calculations. Round "Contribution margin ratio" to 1 decimal place. (i.e., 0.234 should be entered as 23.4))
Rongon Company manufactures twotypes of product. Selected information is given below:FantasyJoySelling price per unit$25$150Variable expenses per unit$15$35Number of units sold annually20,0005,000Fixed expenses total $480,800 per year. Required: i.Assuming the sales mix given above, do the following: a. Prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole. b. Compute the break-even point in dollars for the company as awhole and the margin of safety in both dollars and percent.ii.The company has developed a new product to be called Delight. Assume that the company could sell 10,000 units at $65each. The variable expenses would be $58each. The company’s fixed expenses would not change. a. Prepare another contribution format income statement, including sales of the Samoan Delight (sales of the other two products would not change). b. Compute the company’s new break-even point in dollars and the new margin…